EUR/USD: With the pair closing higher the past week, further bullishness is expected in the new week. On the downside, support lies at the 1.0600 level where a violation will aim at the 1.0550 level. A break of here will aim at the 1.0500 level.

Conversely, on the upside, resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1.0750 level where a break will expose the 1.0800 level. Its weekly RSI is bullish and pointing higher suggesting further strength. All in all, EUR/USD faces further upside pressure but with caution.